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American Software : Logility Named by Food Logistics Magazine as a 2018 FL100+ Top Software and Technology Provider

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02/12/2019 | 12:31pm EST

Logility Voyager Solutions Honored for Helping Food and Beverage Companies Turn Information into Actionable Insights

Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, today announced industry publication Food Logistics named Logility to its 2018 FL100+ Top Software and Technology Provider list. This marks the 15th consecutive year Logility has received this recognition.

“The digital supply chain continues its rapid emergence, bringing with it expanded capabilities that impact visibility, security, compliance and efficiency,” remarked Lara L. Sowinski, editorial director for Food Logistics and its sister publication, Supply & Demand Chain Executive. “Every aspect of the global food supply chain stands to benefit from new and innovative software and technology that is fundamentally changing the global food supply chain.”

The annual FL100+ Top Software and Technology Providers serves as a resource guide of software and technology providers whose products and services are critical for companies in the global food and beverage supply chain. Logility Voyager Solutions™ help many of the world’s leading food and beverage companies overcome their complex supply chain challenges driven by seasonality, changing consumer tastes and a highly competitive landscape by leverage advanced planning and optimization capabilities to increase supply chain efficiency.

“It is an honor to be recognized for 15 consecutive years for helping food and beverage companies transform their supply chains,” said Karin Bursa, executive vice president, Logility. “Today’s global food and beverage supply chains are faced with highly complex challenges along with exciting new opportunities to leverage digital supply chain optimization. Logility Voyager Solutions help boost productivity, uncover new opportunities, and automate routine functions to improve visibility, synchronize production and distribution, and increase service levels while decreasing costs.”

About Food Logistics

Food Logistics is published by AC Business Media, a business-to-business media company that provides targeted content and comprehensive, integrated advertising and promotion opportunities for some of the world’s most recognized B2B brands. Its diverse portfolio serves the construction, logistics, supply chain and other industries with print, digital and custom products, events and social media.

About Logility

Accelerating the digital supply chain from product concept to customer delivery, Logility helps companies seize new opportunities, sense and respond to changing market dynamics and more profitably manage their complex global businesses. Logility Voyager Solutions leverage an innovative blend of artificial intelligence (AI) and advanced analytics to automate planning, accelerate cycle times, increase precision, improve operating performance, break down business silos and deliver greater visibility. Logility’s Software-as-a-Service (SaaS)-based platform transforms sales and operations planning (S&OP) and integrated business planning (IBP) processes; demand, inventory and replenishment planning; global sourcing; quality and compliance management; product life cycle management; supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning, assortment and allocation. Logility customers include Big Lots, Fender Musical Instruments, Husqvarna Group, Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA), named one of the 100 Most Trustworthy Companies in America by Forbes. To learn how Logility can help you make smarter decisions faster, visit www.logility.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, dependence on particular market segments or customers, competitive pressures, delays, product liability and warranty claims and other risks associated with new product development, undetected software errors, market acceptance of Logility’s products, technological complexity, the challenges and risks associated with integration of acquired product lines, companies and services, as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc.’s current Form 10-K and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact: Vincent C. Klinges, Chief Financial Officer, American Software, Inc., (404) 264-5477 or fax: (404) 237-8868.

Logility® is a registered trademark and Logility Voyager Solutions™ is a trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.

© Business Wire 2019
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Financials ($)
Sales 2019 115 M
EBIT 2019 5,15 M
Net income 2019 5,56 M
Finance 2019 84,3 M
Yield 2019 -
P/E ratio 2019 64,00
P/E ratio 2020 48,00
EV / Sales 2019 2,37x
EV / Sales 2020 2,21x
Capitalization 357 M
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Income Statement Evolution
Mean consensus HOLD
Number of Analysts 1
Average target price 11,5 $
Spread / Average Target -0,17%
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James C. Edenfield Executive Chairman, CEO & Treasurer
H. Allan Dow President
Vincent C. Klinges Chief Financial Officer
Donald L. Thomas Chief Information Officer
James B. Miller Independent Director
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